Salton City- Buildable Tract (59 lots) w/Utilities

Vacant Land for Sale
Catylist Listing ID: 30294651
Property Subtypes: Residential (Single Family)
Gross Land Area: 590,000 SF
Sale Price: $885,000
Unit Price: $1.50 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2018

Overview / Comments

Great opportunity for builders, investors, or land speculators. Water meters are in, sewer fees are paid, and power is at the street for all but a few lots. Considering the current cost of water and sewer fees alone, the land is practically free at this asking price. Great assemblage in a concentrated area with nearly all contiguous lots. An additional 25 lots (with utilities) in the same neighborhood are available individually ($20,000 each) or in small packages.

This is an area with newer homes, just north of the travel center. Located 30 minutes from the east end of the Coachella Valley, these lots present a great opportunity for affordable housing with a short commute to work.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: See Attachment
Zoning: RESIDENTIAL
Property Located Between: Expressway 86 & N Marina Dr
Property Visibility: Good
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,388
Median Age: 28.96
Households: 740

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